TRADING METHODS

The Difference between Day and Swing Traders Summary: Day trading is defined as the opening and closing of Forex trades within a single trading day. In contrast, Swing Trading is used to capture profits by trading Forex currency pairs usually for periods of days or even weeks. This article discusses and compares the advantages and disadvantages of both types of trading...Read more Pros and Cons of Forex Scalping Summary: Forex Scalping is a trading strategy that utilizes the shortest time frames i.e. 1 minute, 5 minute or 15 minute charts. Forex scalpers are interested in only very small price fluctuations and avoid volatility as a premium. They seek trading conditions which allow them to activate as many trades as possible targeting small profits of 1 to 10 pips each time...Read more Understanding Martingale and Basket Strategies Summary: The Martingale strategy recommends that the value of every new trade should be continually increased after a loss. This trading technique was first conceived in the 18th century France and was based on the theorem that you cannot lose all the time....Read more Should you use automated or manual Forex strategies? Summary: One of the main differences between Forex experts and beginners is that the former trade using a consistent approach whilst beginners lose consistently by trading in an amateurish manner...Read more The secrets of profitable Forex money management Summary: One of the main reasons why over 90% of new Forex Traders lose their entire accounts within a few months is that they fail to understand that their new profession entails high levels of risk...Read more Mastering Forex risk control and stop loss Summary: Choosing your position size and stop loss correctly, for each trade you enter, are very important factors in trading the Forex Market successfully. Failure to do so is probably the core reason why so many traders lose, as it often leads to overtrading i.e. using position sizes that are too large a proportion of the trader’s account...Read more Is Forex a Zero-Sum Game? Summary: This is a question often passionately debated in the Forex community, so it's time to put things in their perspective. The definition of a zero-sum game is an event or situation in which a participant’s gains must be matched exactly by the same loss amount incurred by a competing rival...Read more Should you use automated or manual Forex strategies? Summary: One of the main differences between Forex experts and beginners is that the former trade using a consistent approach whilst beginners lose consistently by trading in an amateurish manner...Read more